Browsing articles tagged with " lottery ticket"

How Does David Einhorn Feel About his RIMM Shares?

May 29, 2012
J. Webster
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David Einhorn purchased 2.9 million shares of Research in Motion last quarter, I wonder how he feels about those RIMM shares today? Perhaps Einhorn, like Mark Cuban, isn't really too concerned but such a small investment or trade. Einhorn's hedge fund, Green Light Capital, has a huge position in Apple, and maybe these 2.9 million shares are just a flyer or lottery ticket. But still, for the regular person on the street, this is a huge sum. Back in mid February, when Einhorn's RIMM position was disclosed, it was worth about $44 million. Now, after Research in Motion announced

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